Group: Missouri charter schools miss out on revenue
JEFFERSON CITY, Mo. – A charter school group says Missouri’s charter schools have missed out on millions of dollars in local funding over the past decade.
The Missouri Charter Public School Association tells the St. Louis Post-Dispatch that a fiscal review reveals funding inequities dating back to 2007, when the state changed its laws regarding school aid distribution.
The group says lawmakers didn’t grant charter schools the local tax revenues that other public schools receive, such as the merchants and manufacturers tax. The changes also froze funding from property taxes and other regional fees for charter schools.
The review comes as the state Legislature considers a bill to fix the funding inequities by ensuring charter schools get all local revenue received by the school district. The measure passed out of a Senate committee last month.
Information from: St. Louis Post-Dispatch, http://www.stltoday.com